SBA: BOD resolution dated May 18, 2020

Song Ba Joint Stock Company (SBA) announces the Board resolution dated May 18, 2020 with the following contents:

1)      Approving the business result in Quarter 1/2020:

-          Total output: 23.60 million kWh, reached 85.82% plan

-          Total revenue: 33.18 billion dongs, reached 87.11% plan

-          Other revenues:   0.40 billion dongs

-          Total expenses: 26.53 billion dongs

-          Profit before tax: 7.05 billion dongs

-          Profit after tax:    6.12 billion dongs.

2)      Approving the business plan in Quarter 2/2020:

-          Total output:         18.20 million kWh

-          Revenue from electricity production: 24.97 billion dongs

-          Other revenues:     1.5 billion dongs

-          Total expenses:     25.84 billion dongs

-          Profit before tax:     0.63 billion dongs

-          Profit after tax:        0.11 billion dongs

-          Earning per share:  02 dongs/share.

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